Alaska Airlines finalises $1.9bn acquisition of Hawaiian Airlines to shake up US aviation

Alaska Airlines finalises $1.9bn acquisition of Hawaiian Airlines to shake up US aviation

Alaska Airlines has completed its $1.9 billion acquisition of Hawaiian Airlines, solidifying one of the most significant U.S. airline mergers in nearly a decade. This strategic move positions Alaska Airlines as a dominant force in the Pacific and North American aviation markets, expanding its influence and passenger reach. The U.S. Department of Transportation (DOT) greenlighted […]

Alaska Air Group and Hawaiian Holdings ink $1.9bn merger agreement

Alaska Air Group and Hawaiian Holdings ink $1.9bn merger agreement

Alaska Air Group, Inc. (NYSE: ALK), and Hawaiian Holdings, Inc. (NASDAQ: HA) have entered a definitive agreement, marking a significant move in the aviation industry. Alaska Airlines, part of Alaska Air Group, will acquire Hawaiian Airlines for $18.00 per share in cash. The transaction, valued at approximately $1.9 billion, includes Hawaiian Airlines’ net debt of […]